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Investment Property Ripponlea, VIC, 3185

Suburb Snapshot

Ripponlea is a suburb in the Port Phillip Region of Victoria. Ripponlea has a population of 1,580 people and 42.02% of its occupants live in rental accommodation. The median listing price for houses is NA and this has changed NA over the past year and changed NA over 2 years.

The median rent in Ripponlea for houses is $710 per week and the median rental yield is NA. Stock on the market for houses/townhouses has changed -60.00% compared to last year and the average time to sell a house/townhouse is NA days.The median listing price for units is $480,000 and this has changed -6.80% over the past year. The average unit takes 49 days to sell and the median rent for a unit in Ripponlea is $450 per week, producing a rental yield of 4.87%.

Supply & Demand in Ripponlea, Port Phillip

1.90%

Current vacancy rate


16

Rental stock available


1,580

Population


42.02%

Rental population


1.59%

Current vacancy rate


826

Rental stock available


100,866

Population


43.19%

Rental population


0.87%

Current vacancy rate


26,641

Rental stock available


5,926,624

Population


24.77%

Rental population


This is information is brought to you by realestateinvestar.com.au - The online home for property investors

Statistical data for Ripponlea, Port Phillip

  House Townhouses Units
Median listing price NA NA $480,000
Median price change - last quarter NA NA -1.04%
Median price change - 1 year NA NA -6.80%
Median price change - 2 years NA NA -2.05%
  House Townhouses Units
Median weekly rent $710 NA $450
Median yield % NA NA 4.87%
Median rent change - 1 year 15.44% NA 7.14%
  House Units
Previous month sales 1 0
Stock on market previous month 2 9
Stock variance vs. last year -60.00% 125.00%
Average days on market NA 49

Ripponlea investment property listings

Showing 3 of 3 investment properties found in Ripponlea on realestateinvestar.com.au

2/1 Hotham Grove, Ripponlea

$350,000

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Low maintenance living in Ripponlea

Perfectly positioned in a sought-after location just moments from shops, cafes and transport is this fabulous one-bedroom apartment. Light and bright, this is your chance to simply move in and relish this wonderful abode and all the benefits of low-maintenance apartment living. The layout features ...

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1

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1

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1

Unit

VIC 3185


14 Erindale Ave, Ripponlea

$3,800,000

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BLOCK OF 8 2-BEDROOM APARTMENTS TO BE SOLD AS ONE!

Situated on a quiet leafy tree line street of Ripponlea within 2 kilometres from Elwood beach and 5 km from the City between vibrant suburbs of St Kilda and Elsternwick and surrounded by outstanding amenities. This one-off opportunity delivering an outstanding inner-city project possibility with ...

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16

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8

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0

Block

VIC 3185


28 Oak Grove, Ripponlea

$2,995,000

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Exceptionally Large Period Home in Premier Location Ripe for Ren

Presenting the ultimate renovation opportunity, this northern oriented period home offers a grand entrance hall, 5 bedrooms, 2 bathrooms, huge family room and kitchen/meals area, 2 car off street parking via rear right of way. Adorning wonderful period features, 3.4m high ceilings, ducted heating ...

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5

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2

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2

House

VIC 3185


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